What does nas100 mean?

NAS100 is an abbreviation for NASDAQ 100 index. It is a stock market index which represents the value of large, medium and small-sized corporations that are listed on the New York Stock Exchange. It is the second most popular index in the United States, and it is traded like a stock through its corresponding exchange – the NASDAQ.

What is a nas100 index?

The NAS100 is a predominantly US equity index composed of the largest stocks listed on the NASDAQ stock exchange, excluding financials. The 100 largest financial stocks make up a separate index, the NASDAQ Financial 100. Depending on your brokerage platform the NASDAQ-100 index may also appear as NAS100, NDX100 or similar.

How much is nas100 worth?

The value of NAS100 is equivalent to 100 times the notional value of the contract. So, if the notional value of a single contract is 100, then the value of the index will be 100 times that, i.e., $10,000. Each contract is worth $1,000, so NAS100 is equivalent to $100,000 and $1,000,000.